Cantor: 'Obamacare is on borrowed time'

2/2/14 9:15 AM EST

The end of the Affordable Care Act is within sight, House Majority Leader Eric Cantor says, outlining Republican plans to propose health care legislation later this year.

“In my opinion, Obamacare is on borrowed time,” the Virginia Republican said in an interview for Sunday on CBS’s “Face the Nation.” “As we begin to see the further growth in terms of implementation of this law, you will see, I believe, more and more people negatively affected. And there's going to be a real problem, a real need for an alternative.”

And that alternative will come from House Republicans this year, Cantor said, drawing on the proposal they put forward back when the ACA first passed.

“There is a consensus about Republican solutions for a healthcare system that works for everybody, which includes those without a job, which includes those who are sick,” he said. House Ways and Means Committee Chairman Dave Camp (R-Mich.), Energy and Commerce Chairman Fred Upton (R-Mich.) and Education and Workforce Committee Chairman John Kline (R-Minn.) “are all working on different elements of this that I believe will turn into an alternative for Obamacare.”